09/30/2011
Bank accounts of 14 Kuwait MPs to be frozen in bribery inquiry
Bank accounts of 14 Kuwait MPs to be frozen in bribery inquiry
Legal, Tax, Regulation & Compliance
09/29/2011
QFC Regulatory Authority issues statement on the conduct of unlicensed financial services
QFC Regulatory Authority issues statement on the conduct of unlicensed financial services
09/27/2011
Tamweel disputes to be moved into Dubai courts system
Tamweel disputes to be moved into Dubai courts system
09/20/2011
U.S. tax-evasion probe turns to Israeli banks
The U.S. pursuit of offshore tax evaders is widening to include Israel, where U.S. authorities are scrutinizing three of Israel's largest banks over suspicions their Swiss outposts helped American clients evade taxes, people briefed on the matter sai
09/19/2011
Deposit guarantee may stay longer
The UAE government is considering extending a three-year decision to guarantee bank deposits introduced just after the eruption of the 2008 global fiscal crisis to protect its financial system, an official has said.
09/19/2011
Oman launches Corporate Governance Excellence Award Competition 2011
This competition is the first of its kind in the Sultanate and reflects the considerable development Oman has achieved in corporate governance on the regional and international levels.
09/19/2011
KFH dismisses dealing in financial derivatives
"KFH is committed to Kuwait banking laws and the rules set by supervisory authorities and the Central Bank of Kuwait," the bank said in a press statement.
09/09/2011
Insurer sues Saudi Arabia over 9/11
Insurer sues Saudi Arabia over 9/11
09/08/2011
International law firm opens Istanbul office
The Istanbul office expands the firm's substantial presence in emerging markets and will concentrate on mergers and acquisitions, private equity, capital markets, corporate finance, project finance, and tax.
09/06/2011
Former Hapoalim chairman to be indicted
Lador thus accepted the recommendations of the Israel Police submitted in February.
09/06/2011
IMF report exaggerated against money laundering
An experienced local banking industry professional has condemned last week's International Monetary Fund (IMF) report concerning what it claimed is the need for regulatory improvements in Kuwait to protect against money laundering.
09/02/2011
Libyan citizens in UK have funds unfrozen
Libyan citizens in UK have funds unfrozen
08/16/2011
Zurich Financial gets green ligh to rename subsidiary
Zurich has announced today that the UAE Insurance Authority in the UAE has approved their application to change the name
08/04/2011
US broker fined by bourse regulator closes Dubai branch
US broker fined by bourse regulator closes Dubai branch
07/05/2011
HSBC's Libya links questioned after second leak
Richard Alderman, director of the Serious Fraud Office, said in an interview with Bloomberg that the organisation was in talks with its US counterparts about allegations of bribery.